Answer:
The correct answer are given by (A) [tex]\frac{1}{175000}[/tex] ; (B) [tex]\frac{429}{175000}[/tex].
Step-by-step explanation:
Total number of entries to the sweepstakes offered by Gemini Paper Products = 175,000.
Total number of prizes to be awarded includes 1 grand prize, 3 first prizes, 25 second prizes and 400 third prizes = 1 + 3 + 25 + 400 = 429.
(A) Required Probability for a person who has put one entry to win the grand prize is given by the fraction [tex]\frac{1}{175000}[/tex].
(B) Required Probability for a person who has put one entry to win any prize offered is given by [tex]\frac{429}{175000}[/tex].
